Baking Powder Market by Applications, by Type, by End-User, by Deployment & by Technology 2032
Baking Powder Market was valued at USD 4.1 Billion in 2022 and is projected to reach USD 5.8 Billion by 2030, growing at a CAGR of 4.5% from 2024 to 2030.
Looking ahead, the Baking Powder market outlook from 2023 to 2033 shows promising growth trends. With the continuation of the health and wellness movement, there is a growing demand for clean-label ingredients. This is expected to drive the production of natural and organic variants of baking powders, as consumers increasingly prefer products with fewer additives and preservatives. Moreover, the rapid urbanization and changing consumer lifestyles, coupled with an increase in disposable income, are expected to fuel the demand for packaged food products, which are a major application area for baking powder. As more people adopt modern, fast-paced living, the reliance on ready-to-eat and convenience foods will continue to drive the market for baking powder.
Get an In-Depth Research Analysis of the Global Baking Powder Market Size And Forecast [2025-2032]
The global Baking Powder market has witnessed significant growth from 2018 to 2022, driven by rising demand in various food applications, including bakery products, processed foods, and beverages. The increasing consumption of convenience foods and the growing trend of home baking contributed to the market's expansion during this period. According to industry reports, the demand for baking powder surged due to the increasing inclination toward baking at home, especially amid the COVID-19 pandemic. As more consumers focused on experimenting with cooking and baking during lockdowns, the demand for essential ingredients like baking powder saw a noticeable spike. Additionally, the rise in health-conscious consumers led to the development of low-sodium, gluten-free, and organic baking powders, catering to specific dietary preferences.
Who are the largest Global manufacturers in the Baking Powder industry?
- Weikfield
- ACH
- Clabber Girl
- Blue Bird
- Calumet
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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What are the factors driving the growth of the Global Baking Powder Market?
Growing demand for below applications around the world has had a direct impact on the growth of the Global Baking Powder Market
- Bakery
- Home
What are the types of Baking Powder available in the Market?
Based on Types the Market is categorized into Below types that held the largest Baking Powder market share In 2023.
- Phosphate
- Anhydrous phosphate
- Sodium aluminum sulfate phosphate
- Tartrate
- Aluminum-free
- Phosphate-free
- Others.
Which regions are leading the Global Baking Powder Market?
- Global (United States, Global and Mexico)
- Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
- South America (Brazil, Argentina, Columbia, etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Detailed TOC of Global Baking Powder Market Research Report, 2024-2032
1. Introduction of the Global Baking Powder Market
- Overview of the Market
- Scope of Report
- Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
- Data Mining
- Validation
- Primary Interviews
- List of Data Sources
4. Global Baking Powder Market Outlook
- Overview
- Market Dynamics
- Drivers
- Restraints
- Opportunities
- Porters Five Force Model
- Value Chain Analysis
5. Global Baking Powder Market, By Type
6. Global Baking Powder Market, By Application
7. Global Baking Powder Market, By Geography
- Global
- Europe
- Asia Pacific
- Rest of the World
8. Global Baking Powder Market Competitive Landscape
- Overview
- Company Market Ranking
- Key Development Strategies
9. Company Profiles
10. Appendix
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